Oregon races to finalize rules for marijuana, issue licenses
{{#rendered}} {{/rendered}}The Oregon Liquor Control Commission is racing to finalize regulations for growing, processing and selling recreational marijuana and issue licenses to hundreds of businesses within a few months.
Commission Chair Rob Patridge says the commission is trying to accommodate everybody.
The commission issued its first recreational marijuana licenses on May 2 to eight businesses and is dealing with more than 1,500 applications.
{{#rendered}} {{/rendered}}Oregon's revenue department processed $10.5 million in marijuana tax payments through April 29 — far more than expected. The Legislative Revenue Office then increased its estimate of net tax revenues from recreational marijuana from $8.4 million to $35 million through June 30, 2017.
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